Trustmark Corp (TRMK) Misses Q3 EPS by 3c, Miss on Revenues
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EPS Growth %: +3.3%
Financial Fact:
Salaries and employee benefits: 57.25M
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Trustmark Corp (NASDAQ: TRMK) reported Q3 EPS of $0.54, $0.03 worse than the analyst estimate of $0.57. Revenue for the quarter came in at $150 million versus the consensus estimate of $155.33 million.
Gerard R. Host, President and CEO, stated, “Our third quarter performance continues to reflect our strategic priorities of profitable revenue generation, process improvement and disciplined expense management. During the quarter, we continued to expand banking relationships as well as attract new insurance and wealth management clients. We are privileged to have a #1 deposit share ranking in not only the Jackson metropolitan area, but also the state of Mississippi and, across the franchise, a top-four deposit share ranking in 68% of counties served. Trustmark remains well positioned to continue meeting the needs of our customers and creating long-term value for our shareholders.”
For earnings history and earnings-related data on Trustmark Corp (TRMK) click here.
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